Is Bitcoin’s Reign as King of Cryptocurrency in Danger?
Bitcoin has come a long way, but the original cryptocurrency might be in danger of stagnating if there are no changes in its path going forward. #ANALYSIS Go to Source Powered by WPeMatico
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Exchanges May Offer Custodial Lightning Network Accounts in the Future
Most Bitcoin users have high hopes for the Lightning Network. It is a new scaling solution which will – hopefully – enable instant Bitcoin transactions at very low cost. At the same time, there are some concerns over how certain companies and service providers will implement this technology. It seems Coinbase plans to offer Lightning-connected custodial … Read more
Can Bitcoin Claw its Way Back to Being a Payment System?
The way in which the community of the democratized and decentralized digital currency that is Bitcoin has shaped it to be a valuable store of value, but an almost useless replacement for fiat currency. But there are plans underfoot to change this. #ANALYSIS Go to Source Powered by WPeMatico
Using Lightning Network on the Bitcoin Mainnet Is Asking for Trouble
Bitcoin users have high expectations for the Lightning Network. It is a scaling solution unlike any we have seen to date. Faster transactions and near-zero fees are of great interest. However, current testing of this technology is not going according to plan. A couple users have reported the loss of coins due to various bugs found … Read more
Lightning and Mainnet: A Look at the Protocol’s Hype, Trials, and Error
Over the past few weeks, there’s been a lot of hyped up discussion about the Lightning Network (LN) from those who believe it will help scale the bitcoin core (BTC) protocol. The Lightning Network topic has now moved from BTC testnet experimentation to trialing LN over the currency’s mainnet using real BTC. LN development and … Read more
Trading Tip `The Wall´ – Wall Street Price Manipulation? Go Long
Trading is arrogant, be it on Wall Street or across crypto exchanges. In order to trade rather than hodl, you must fundamentally believe you’re smarter, more disciplined or better informed than the other half of the market. Time will tell. But as long as you’re trading, we’ve established that you’re at least more arrogant than … Read more
Lightning Network’s Pizza Day? First Ever Physical Purchase On Lightning Network
The first ever physical transaction may have been completed two days ago on the Lighting Network, according to Reddit user /u/btc_throwaway1337. #NEWS Go to Source Powered by WPeMatico
VPN Provider Now Accepts Lightning Network Payments
During the first week of the new year, many cryptocurrency enthusiasts have been talking about the Lightning Network (LN). So far the protocol has surpassed 610 nodes and 1882 channels while many bitcoiners, businesses, and developers have tried the technology on both testnet and mainnet. This week the virtual private network (VPN) service Torguard initiated … Read more
A New Second Layer: Channel Factories
Lately, there’s been a lot of discussion about a new concept called ‘Channel Factories.’ The technology ultimately makes the Lightning Network (LN) a ‘third layer’ and a ‘new layer’ rests in between the bitcoin blockchain and LN payment channels. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot Channel Factories: Adding Another Layer … Read more
Bitcoin Fees Are Falling Amidst Greater Segwit Adoption
Transaction fees, a bugbear for many in the bitcoin community, are on their way down. Spiraling fees were a contentious issue that reached fever pitch in the twilight of 2017. But with the dawn of a new year, bitcoin has been blessed with reduced fees, set against a backdrop of increased Segwit adoption. Also read: … Read more